Here's How Much You Would Have Made Owning Royal Bank of Canada Stock In The Last 20 Years

Here's How Much You Would Have Made Owning Royal Bank of Canada Stock In The Last 20 Years

Royal Bank of Canada RY has outperformed the market over the past 20 years by 1.59% on an annualized basis producing an average annual return of 9.49%. Currently, Royal Bank of Canada has a market capitalization of $131.04 billion.

Buying $100 In RY: If an investor had bought $100 of RY stock 20 years ago, it would be worth $604.20 today based on a price of $93.46 for RY at the time of writing.

Royal Bank of Canada's Performance Over Last 20 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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